San Juan Basin Royalty
San Juan Basin Royalty Trust (SJT) is a publicly traded trust that holds royalty interests in oil and gas properties located in the San Juan Basin in New Mexico. The trust's primary asset is its ownership of a net overriding royalty interest, which entitles it to a percentage of the revenue derived from oil and gas production on these properties. The trust is managed by a trustee, and its income is distributed to unit holders in the form of monthly distributions.